An industry group representing US tech companies is reportedly pushing the US administration to withdraw its proposal to charge for H-1B visas, WSJ reports
An industry group representing US tech companies is reportedly pushing the US administration to withdraw its proposal to charge for H-1B visas, WSJ reports
US President Trump is reportedly targeting Anthropic CEO Amodei as the face of AI "doomerism", Axios reports citing sources
Amazon (AMZN) is reportedly investing USD 3bln in India FMCG business by 2030, according to sources
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Industry-group lobbying against proposed visa fees follows a familiar pattern in US immigration policy: measures framed as protecting domestic labour tend to draw concentrated resistance from the tech and IT-services sectors, whose staffing models carry meaningful exposure to visa issuance, and administration proposals in this area have historically been diluted, delayed, or tied up in litigation rather than enacted as drafted. The channel for listed names runs through labour costs and delivery models, with the sharpest sensitivity in the India-linked IT-services peer set, where visa dependence is structural, and secondarily in large-cap US tech, where the effect is marginal relative to revenue. The distinction worth drawing is between a fee level that merely raises administrative cost and one set punitively enough to alter hiring behaviour; past episodes suggest the former is the likelier landing zone after lobbying and legal challenge. Worth watching is whether the proposal survives interagency review intact, whether other business groups join the pushback, and any formal rulemaking text, which is the point at which vague proposals have historically either hardened or quietly died. The report is sourced to a single outlet's account of lobbying activity, so the signal is that opposition is organised, not that withdrawal is agreed.
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